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Barrington Research Maintains H&R Block Market Perform

Barrington Research maintained its H&R Block (NYSE: HRB) Market Perform rating in a research report published today.

In the report, Barrington Research stated, "While downside risk appears limited, due to its current discount valuation (10.0x and 3.9x our revised forward FY/12 diluted EPS and EBITDA estimates) and massive share repurchases, we are maintaining our current MARKET PERFORM investment rating as the stock lacks a near-term catalyst."